Cheap Homes for Rent in Downtown Neighborhood of Colorado Springs, CO from $600 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown area of Colorado Springs.

property at 821 N Weber St

821 N Weber St

Colorado SpringsCO80903

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Downtown, Colorado Springs, CO Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Colorado Springs, CO is a 1 Bed unit found at Shooks Run priced from $768. Applewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable Downtown apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Shooks Run1x1 40%1BR,1BA$768
Applewood ApartmentsStudioStudio,1BA$880
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$899
Tamarac2x1 40%2BR,1BA$922
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$929

Best Value Apartments for Rent in Downtown, CO

As of June 06, 2025 the best value apartment in the Downtown area is the $1.65 price per square foot 3 Bedrooms, 2 Bath Model at Chateau Apartments in the in the Memorial Park neighborhood starting from $2,695. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Union Blvd Apartments starting at $929 with a $1.03 price per square foot in the Patty Jewett neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau Apartments3 Bedrooms, 2 Bath3BR,2BA$1.65
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$1.00
Jasmine Springs2 Bed 1 Bath2BR,1BA$1.52
Park BonfoyA31BR,1BA$1.67
Sienna Place2X12BR,1BA$1.41
Elevate Apartment HomesKaloSolo1BR,1BA$1.55
Shooks Run1x1 40%1BR,1BA$1.08
Homewood Point ApartmentsOne Bedroom1BR,1BA$1.01
Prospect Park1x11BR,1BA$1.58

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 247 Apartments for Rent in Downtown, CO with pricing that ranges from $749 to $4,976. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $600 to $2,750.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $600 to $2,750 with an average monthly rent of $1,694.

How much are larger Three and Four Bedroom Rentals in Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,550 to $4,164, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,695. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO

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Just the name Colorado Springs makes me think of home. I’m Darla, your ApartmentHomeLiving.com Local Expert for Colorado Springs, CO.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.